HB2894 HFA SHOTT 3-30 #2
Delegate Shott moves to amend the committee substitute on
page four, section (b), line forty-three, following the word
"otherwise,", by striking out the word "is" and inserting in lieu
thereof the words "may be treated by the taxpayer as either a
credit against tax liability or as".
On page four, section (b), line fifty, following the word
"return,", by striking out the word "this" and inserting in lieu
thereof the word "the".
On page five, section (b), line fifty-two, following the
word "year", by inserting the following:
"or the credit against tax liability shall only apply to the
expended amount, not to exceed seventy-five dollars for a taxable
year";
And
On page five, section (b), line fifty-four, following the
word "modification", by inserting the words "or credit against
tax liability".